tomo logo

$475,000

Beds
1
Baths
1.0
sq ft
753

4255 W 5th St Unit 106, Los Angeles, CA 90020

4255 W 5th St Unit 106

Los Angeles, CA 90020

  • 8 days on market
    • Open house Feb 23
Outstanding location for this secure first floor sun filled corner condo that is in the Fairmount Condominium complex nearby trendy Hancock Park/Korea town areas. As you step inside, you'll be immediately drawn to the natural light streaming in through the large sliding glass door windows to the oversized approximately 300 sq foot patio, providing an indoor/outdoor warm and inviting atmosphere. Entertain on the private & bright west facing private patio to enjoy your morning coffee or evening glass of wine. The open living and dining areas are perfect for guests or spending quality time with your loved ones. The floor plan is highlighted with engineered hardwood flooring in the living, dining and the primary bedroom. The fully equipped open kitchen features updated appliances, countertops and cabinets, plus ample storage space. The bedroom has two sets of closet areas, plus a linen closet outside the remodeled bathroom with a large shower! There is a stacked in-unit washer & dryer in the closet that are included. The assigned/deeded parking spot is located in a secure, lighted gated garage with an interior elevator that takes you directly to your floor or lobby area. Minutes away from restaurants, bars, groceries & public transit/subway; with easy access to Hollywood, Beverly Hills, DTLA, Larchmont Village & beyond. This is the ideal condo for anyone looking to experience the vibrant lifestyle of Los Angeles. Contact Listing Agent #1 for showings and questions first please.

Details

Property type

Condominium

Est. home value

$473,225

Property condition

Updated/Remodeled

Lot size

0.3092 acres

Price per sq ft

$631

Year built

1965

Monthly HOA fee

$322

Price History

02/12/2025
CLAW

CLAW #25497787

Listed
$475,000
+23.06%
03/18/2021
CLAW

CLAW #20635194

Sold
$386,000

Schools & Community

Neighborhood: 

Mid Wilshire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$173,583
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$263,417
Cash to seller
$173,583

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wall Financial Inc

Loan start date

February 2021

Original loan amount

$289,500

Est. remaining balance

$263,417

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Bomi Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 11:15 AM

Listing updated: 02/20/2025 at 4:10 PM

Listed by: David T. Kessler, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #25497787

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